Dynamic Games

In many economic, social, and political settings, participants interact strategically not just once but over time.

When raising its import tariffs today, for example, a country will try to anticipate the reactions of its trading partners tomorrow. And an oligopolistic firm can learn from its rivals’ past pricing behavior so as to gauge what prices they are likely to set now.

The Summer School will emphasize theoretical aspects of dynamic games, but will also include work on experiments.